Sam Bankman-Fried (SBF), the disgraced founder of cryptocurrency exchange FTX, has conducted a second interview from prison, once again drawing controversy and causing repercussions for his crisis management team. The interview, hosted by Tucker Carlson and posted on social media on Bankman-Fried’s 33rd birthday, took even his own public relations representative, Mark Botnick, by surprise. […]
Around 29,000 Bitcoin options contracts will expire on Friday, March. 7, and they have a notional value of roughly $2.5 billion. This week’s event is much smaller than last week’s end-of-month expiry, but a mammoth end-of-quarter contract expiry is due on March 28. The impact on spot markets is likely to be minimal as all […]
TL;DR CryptoQuant warned that leverage positions are a big driver behind XRP’s price movements, which has increased the asset’s open interest. This comes amid significant volatility that hit Ripple earlier today after President Trump signed an executive order focusing only on Bitcoin. XRPUSD. Source: TradingView Recall the massive wave to the upside that XRP experienced […]
According to VanEck’s February crypto report, Solana’s decentralized exchange (DEX) volumes have shown resilience despite declining meme coin trading. The report shows that Solana’s trading activity briefly surpassed that of the Ethereum ecosystem, including its Layer 1 (L1) and Layer 2 (L2) networks. Solana Maintains High Trading Activity VanEck’s analysts revealed that the price of […]
White House crypto czar David Sacks made the announcement late on Thursday, March 6, stating, “Just a few minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve.” He added that the reserve would be capitalized with Bitcoin owned by the federal government, which was forfeited as part of criminal or civil asset forfeiture […]
Michael Saylor, founder of Strategy (formerly MicroStrategy), has said that a Bitcoin strategic reserve will position the United States as a leader in cyberspace. In an interview with Fox News Channel, Saylor argued that Bitcoin is a secure means of savings for individuals, companies, and governments. Bitcoin Will Take The U.S. to Cyberspace Saylor, whose […]
The US Dollar Index (DXY) has fallen to a fourth-month low this week as concerns about sluggish expansion in the world’s largest economy amid escalating trade tensions. DXY tanked to 104.13 on March 6, its lowest level since early November, according to Tradingview. The US Dollar Index is an index of the value of the […]
[PRESS RELEASE – New York City, United States, March 5th, 2025] Plume, the first L1 Chain purpose-built for Real World Asset Finance (RWAfi), and Cicada, a leading market maker, liquidity provider, and venture capital firm, today announced a strategic investment program. This program aims to accelerate the adoption of RWAfi by providing funding, infrastructure support, […]
South Korean crypto exchange Upbit has emerged as the leading force in the Ripple market. It holds double the amount of XRP as Binance and accounts for more than 14% of its global trading volume. The shift could be a reflection of the cryptocurrency’s growing prominence among investors in the Asian country. Upbit’s XRP Share […]
In the latest pro-crypto pivot in the US, the Senate has quashed a rule submitted by the Internal Revenue Service relating to “Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales.” The rule required decentralized finance platforms to report detailed information on customers to the IRS, starting for tax year 2027. […]